Sales volume: up 11% month-over-month in March, but still 8% below the same period last year. The year-over-year comparison matters more than month-over-month for trend analysis.
Median sale price: $618,000 for single-family detached in the Kamloops area, essentially flat over the past 90 days.
Days on market: averaging 38 days across all property types, up from 22 days a year ago. Properties are sitting longer, which gives buyers more negotiating room.
Active listings: 487 residential units as of early April, up from the 340–360 we were seeing through 2024.
By neighbourhood
Sahali: increased inventory, particularly in the detached segment. Motivated sellers coming out as rate holds expire. Median price has softened about 4% from peak.
Aberdeen: similar story. New construction competing with resale, keeping prices honest.
North Kamloops: tighter. Rental demand strong — proximity to downtown and TRU keeps vacancy low.
Brocklehurst: most accessible entry point price-wise. More investor activity as a result. Cap rates marginally better than other areas but properties require more maintenance attention.
What this means
This is a reasonable window. Motivated sellers emerging as rate holds expire. Inventory up. Prices softened but not cratered. My read: Sahali and Aberdeen have more air to come out. North Kamloops and Brocklehurst are more stable from an investment standpoint.
I'm documenting this journey in public — the deals I analyse, the mistakes I make, and what I'm learning. If you found this useful, the next post is worth reading too.